BENEFITS OF MSME REGISTRATION/ UDYAM REGISTRATION
What is MSME REGISTRATION/ UDYAM REGISTRATION
Business is the back bone of any country. According to turnover businesses are categorized into 3 types like micro business, small business and medium business according to govt. India.
If the investment is < 25 lakhs: Micro Business
If the investment is < 5 crores : Small Business
If the investment is < 10 crores: Medium Business
To promote business, Govt. of India launched MSME scheme. So that businesses can grow. To avail the benefits of the scheme a business have to register under UDYAM PORTAL and should get Udyam certificate/ msme certificate. Udyam registration certificate is also considered as the document proof for any business.
For Udyam registration/ MSME Registration
BENEFITS OF MSME REGISTRATION/ UDYAM REGISTRATION
To open Current Account :
If you are running a business and need current account to operate your daily finance then through UDYAM Registration you can open current account.
Loan Without Security Deposit/ Guarantor :
To get loan from bank no need to deposit security/ assets/ guarantor. With the help of MSME certificate you can get business loan easily.
Subsidy In Trademark Regsitration
In case of trademark registration for company the govt. fee is 9000/-. But if you have Udyam registration certificate then you can get 50% subsidy i.e, you have to pay only 4500/- for trademark registration.
Less Rate of interest in Loan
Through udyam registration certificate/ msme registration we have to pay less rate of interest in your loan amount.
Tax Exemption
In the beginning of business you can tax benefits for your company/ firm.
Documents Required For MSME Registration
- Aadhar Card
- Pan Card
- Mobile Number
- Email Id
- Business Name & Details
- Business Address
- Gen/Obc/St/Sc
- No Of Employees
- Investment
- Commencement Of Business
- Bank Account Number And IFSC
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